Strengthening JSW’s Paint Push

Under the leadership of Parth Jindal, JSW Paints continues to chart bold moves in India’s fast-growing paints and coatings sector. In a bold move that marks a turning point for the Indian paints industry, JSW Paints, has announced the acquisition of up to 74.76 per cent stake in Akzo Nobel India (ANIL) for `89.86 billion. This strategic deal with the Dutch parent Akzo Nobel N.V. brings globally recognised brands like Dulux, Sikkens and International into JSW’s portfolio. The acquisition catapults JSW Paints into a stronger competitive position in both decorative and industrial coatings, enhancing its presence in a sector poised for rapid growth. After combining Akzo Nobel's market share of 6.2 per cent, JSW's total market share stands at 9.2 per cent. Parth Jindal is the Managing Director of the company.

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